Archives for July 11, 2005

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Analysts give P&G-Gillette deal their backing

As Procter & Gamble shareholders give their approval to the proposed merger with Gillette, financial analysts at the Prudential Equity Group have upgraded the company's financial rating, partly on the strength of the added impetus the planned merger...

CK launches its first fragrance brand in seven years

Calvin Klein is preparing to launch a new women's fragrance and skin care brand, to be called Euphoria. The renowned designer's fragrance and beauty division has been quiet for a while, but the launch is said to mark a new departure into the luxury...

Degussa Care Specialties honored for active ingredients

The Care Specialties division of Germany-based Degussa has been awarded the 2005 Frost & Sullivan Product Line Strategy Leadership Award for its product portfolio of active ingredients to the cosmetics industry, reports Simon Pitman.